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Technology Stocks : Silicon Graphics, Inc. (SGI) -- Ignore unavailable to you. Want to Upgrade?


To: dav who wrote (3397)10/31/1997 6:29:00 PM
From: larry larsen  Read Replies (2) | Respond to of 14451
 
dav,

>Just load SGI this morning @14, I think SGI will be in 20 range
soon.<

I'm sure you're right - eventually. I still like the company and their product lines, they're tops. But, the chart pattern still *sucks rocks* and the fundamentals have deteriorated since the 12 5/8 bottom last April. I think anyone who hasn't yet joined the party still can later at lower prices. If I'm wrong, I'll jump on the momentum play at a higher (but safer) price. I'm not yet interested in trying to catch the proverbial falling knife.

Best of luck,

Larry



To: dav who wrote (3397)11/5/1997 3:15:00 AM
From: GR  Read Replies (2) | Respond to of 14451
 
macd is negative;short term is down.we have not bottomed yet.it would be great if the board thought of enhacing shareholder value,by means other than layoffs.SELL THE COMPANY!